TIDMFPT

RNS Number : 8648U

Forth Ports PLC

22 October 2010

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
 1. Identity of the issuer or the 
 underlying issuer of existing 
 shares to which voting rights are 
 attached:                                                  Forth Ports plc 
                                      ------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
 An acquisition or disposal of voting 
 rights 
-------------------------------------  ------------------------------------ 
 An acquisition or disposal of 
 qualifying financial instruments 
 which may result in the acquisition 
 of shares already issued to which 
 voting rights are attached 
-------------------------------------  ------------------------------------ 
 An acquisition or disposal of 
 instruments with similar economic 
 effect to qualifying financial 
 instruments 
-------------------------------------  ------------------------------------ 
 An event changing the breakdown of 
 voting rights 
-------------------------------------  ------------------------------------ 
 Other (please 
  specify): 
------------------------------------   ------------------------------------ 
                                       (i) Arcus European Infrastructure 
                                       Fund GP LLP (ii) Arcus 
                                       Infrastructure Investments 2 LLP 
 3. Full name of person(s) subject     (iii) Arcus Infrastructure Corporate 
  to the                               Limited (iv) Arcus Infrastructure 
  notification obligation:             Partners LLP 
                                      ------------------------------------- 
 4. Full name of shareholder(s) 
 (if different from 3.):                      Cayman Resources (49) Limited 
                                      ------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached:                                                  20 October 2010 
                                      ------------------------------------- 
 6. Date on which issuer notified:                          22 October 2010 
                                      ------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                              23% 
                                      ------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                Resulting situation after the triggering 
 ISIN CODE       transaction                       transaction 
               --------------------------------  ---------------------------------------------------------------- 
                                 Number 
                Number            of 
                 of               Voting          Number         Number of voting 
                 Shares           Rights           of shares      rights                 % of voting rights 
               ---------------  ---------------  -------------  ----------------------  ------------------------- 
                                                  Direct         Direct     Indirect     Direct        Indirect 
                   -----------    -----------    -------------  ---------  -----------  ------------  ----------- 
 GB0003473104   10,582,294       23.13%           Nil            Nil        10,428,713   Nil           22.80% 
               ---------------  ---------------  -------------  ---------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
                                                                   Number of voting 
                                                                    rights that may 
                                                                    be 
 Type of                                                            acquired if the 
 financial          Expiration     Exercise/                        instrument is            % of voting 
 instrument          date           Conversion Period               exercised/ converted.     rights 
                   -------------  ------------------------------  ------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
 Resulting situation after the triggering transaction 
 Type of                                        Exercise/        Number of voting 
 financial        Exercise       Expiration     Conversion        rights instrument 
 instrument        price         date           period            refers to                % of voting rights 
                 -------------  -------------  ---------------  ------------------------  ----------------------- 
                                                                                           Nominal       Delta 
                 -------------  -------------  ---------------  ------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
 Number of voting rights                            Percentage of voting rights 
                                                   -------------------------------------------------------------- 
 10,428,713                                         22.8% 
                                                   -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
 Arcus European Infrastructure Fund GP LLP in its capacity as General 
 Partner of Arcus European Infrastructure Fund 1 LP is the indirect holder 
 of the shares in Forth Ports plc which are the subject of this notification 
 through the following chain of controlled undertakings. Cayman Resources 
 (49) Limited is a controlled undertaking of AEIF LH Sub 03 S.a r.l., AEIF 
 LH Sub 03 S.a r.l. is a controlled undertaking of AEIF Luxembourg Holdings 
 S.a r.l. and AEIF Luxembourg Holdings S.a r.l. is a controlled undertaking 
 of Arcus European Infrastructure Fund GP LLP in its capacity as General 
 Partner of Arcus European Infrastructure Fund 1 LP. Arcus Infrastructure 
 Partners LLP is the parent undertaking of Arcus Infrastructure Corporate 
 Limited, Arcus Infrastructure Investments 2 LLP which itself is in turn the 
 parent undertaking of Arcus European Infrastructure Fund GP LLP. 
 
 Proxy Voting: 
 10. Name of the proxy holder: 
                                                              -------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
                                                              -------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
                                                              -------------- 
 
 13. Additional information: 
 14. Contact name:                                               Innes Smith 
                                                              -------------- 
 15. Contact telephone number:                                 020 7832 3400 
                                                              -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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